An offset mortgage is a smart and tax efficient way to cut your mortgage costs, yet reports suggest that only around one in ten borrowers are currently taking advantage of this type of home loan. It can be a big money saver for mortgage borrowers and makes even more sense in times like these when […]

As financial companies increasingly look to use social media to assess an individual’s suitability for products such as mortgages, loans and credit cards, research from Equifax reveals that 75% of consumers are unlikely to allow them access to this data. The online survey, conducted by YouGov, found that 76% of consumers are against financial companies […]

New data unveiled today shows that Britons are spending an average of 66 per cent of their monthly income on essential bills and expenses. The research commissioned by Scottish Friendly also reveals that four in 10 people believe they are not able to save any money on their monthly expenditures. Rent and mortgage repayments were […]

Gocompare.com’s Car Insurance Auto-Renewal Survey shows that nearly 6 million motorists a year fall into the auto-renewal trap by simply allowing their car insurance to automatically renew without checking other quotes first. September is traditionally one of the busiest months for car insurance renewals due to the high volume of new car sales. However, the new survey […]

Stacks of foreign cash are gathering dust in Britain’s homes as holidaymakers estimate having an average of £55.25 in leftover foreign currency, accumulating to more than £663 million sitting at home. New figures released today from Visa Europe reveal two in five Brits (39%) admit to keeping unused currency in the house. The research found […]

Parents will collectively spend an eye-watering £2.9 billion preparing their kids for the new school year, according to new research by Santander Credit Cards. With most schools across the country re-opening next week, the total cost of kitting out the nation’s school children with clothes, books, stationery and other necessities in preparation for the new term […]

Many people will have put their savings in cash based NISAs to save paying tax on their interest but despite this benefit they will be dismayed with the level of returns currently on offer. Unfortunately for savers the ISA market mirrors the dismal outlook for the savings market as a whole. With rates at rock […]

Hitachi Personal Finance is the latest lender to reduce its loan rates as experts predict interest rates may rise in response to rising inflation. The lender has cut its headline APR to 3.8% from 4.7% on loans from £10,001 to £15,000, and to 3.8% for loans between £7,500 and £10,000 over two to five years. The move, […]

More than one in five (21 per cent) pensioners have gone back to work since they reached the State Pension age, or are planning to do so in the future, according to new research from Prudential. The rise of the retired jobseeker, along with the growing trend for a period of pre-tirement as previously identified by Prudential, […]

Insurance guru Adam Powell from Policy Expert recommends that before you fork out for any specialist student insurance – check your parents’ home contents insurance policy. Your possessions may already be covered under their policy, so you might not need to buy any additional cover. If you normally live with your parents outside of term […]